MP Board Class 12th Accountancy Important Questions Chapter 11 Cash Flow Statement MP Board Class 12th Accountancy Important Questions Chapter 11 Cash Flow Statement Important Questions Very Short Answer Type Questions Question 1. What do you mean by cash flow statement ? Answer: Cash flow statement means statement of change in cash position of the … Read more
MP Board Class 12th Accountancy Important Questions Chapter 10 Analysis of Accounting Ratios MP Board Class 12th Accountancy Important Questions Chapter 10 Analysis of Accounting Ratios Important Questions Short Answer Type Questions Question 1. Explain liquidity ratio. Answer: Liquidity means the ability of an enterprise to meet its current liabilities out of current assets. Liquidity … Read more
MP Board Class 12th Accountancy Important Questions Chapter 9 Analysis of Financial Statements MP Board Class 12th Accountancy Important Questions Chapter 9 Analysis of Financial Statements Important Questions Very Short Answer Type Questions Question 1. What do you mean by analysis of financial statements ? Answer: Analysis of financial statements is a process in which … Read more
MP Board Class 12th Accountancy Important Questions Chapter 8 Financial Statements of a Company MP Board Class 12th Accountancy Important Questions Chapter 8 Financial Statements of a Company Important Questions Short Answer Type Questions Question 1. What do you mean by contingent liabilities ? Give two examples of it Answer: These are liabilities which will … Read more
MP Board Class 12th Accountancy Important Questions Chapter 7 Issue and Redemption of Debentures MP Board Class 12th Accountancy Important Questions Chapter 7 Issue and Redemption of Debentures Important Questions Very Short Answer Type Questions Question 1. What do you mean by debenture ? Answer: Debenture is a written certificate for taking loan from the … Read more
MP Board Class 12th Accountancy Important Questions Chapter 6 Accounting for Share Capital MP Board Class 12th Accountancy Important Questions Chapter 6 Accounting for Share Capital Important Questions Very Short Answer Type Questions Question 1. What do you mean by share capital ? Answer: The total capital of a company is divided into small units. … Read more
MP Board Class 12th Accountancy Important Questions Chapter 5 Dissolution of a Partnership Firm MP Board Class 12th Accountancy Important Questions Chapter 5 Dissolution of a Partnership Firm Important Questions Very Short Answer Type Questions Question 1. What do you mean by dissolution of a partnership ? Answer: Dissolution of partnership firm means closing down … Read more
MP Board Class 12th Accountancy Important Questions Chapter 4 Reconstitution of Partnership Firm: Retirement / Death of a Partner MP Board Class 12th Accountancy Important Questions Chapter 4 Reconstitution of Partnership Firm: Retirement / Death of a Partner Important Questions Very Short Answer Type Questions Question 1. What do you mean by retirement of a … Read more
MP Board Class 12th Accountancy Important Questions Chapter 3 Reconstitution of Partnership Firm: Admission of a Partner MP Board Class 12th Accountancy Important Questions Chapter 3 Reconstitution of Partnership Firm: Admission of a Partner Important Questions Very Short Answer Type Questions Question 1. Write three reasons to give admission to a new partner. Answer: Due … Read more
MP Board Class 12th Accountancy Important Questions Chapter 2 Partnership Accounts: Basic Concepts MP Board Class 12th Accountancy Important Questions Chapter 2 Partnership Accounts: Basic Concepts Important Questions Short Answer type Questions Question 1. What is partnership deed ? Answer: A partnership deed is a document containing the important terms of partnership as agreed between … Read more